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Gov. Palin: Was Obama lying then or now about debt limit?

Posted by Dr. Fay on October 16, 2013

Posted on Governor Palin’s Facebook page this afternoon (photo and comment).

————–

When life gives you lemons, at this point make margaritas. Caving on debt could drive one to drink.

This photo of my son and nephew ran in our local newspaper about 15 years ago. I’m betting dollars to doughnuts our president skipped this universal childhood lesson in Economics 101, and perhaps that explains his problem understanding the tragedy to befall us as America drowns in debt. Running a lemonade stand teaches you to progress by the sweat of your brow and live within your means. It taught these boys that it was unacceptable and self-defeating to keep coming back to mama for more money for ingredients needed to concoct a product to sell to the public. Obviously more debt means less progress and opportunity to expand. Anyone who has run a business knows more debt equals less profit, and less profit means less ability to grow operations, employ more people, and even hold your head high above shortsighted economic decisions that history proves lead to failure.

All these lessons about the kids’ lemonade stand and economic freedom apply to our families’ budgets, our businesses, and most certainly our government. We cannot borrow our way to prosperity. We’re in a deep hole; quit digging. We cannot ignore the economic realities of bankruptcy.

President Obama is giddily enthused now about growing more debt, but just a few years prior when he was still a senator, he scolded America, proclaiming: “The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure.…Increasing America’s debt weakens us domestically and internationally.” And on July 3, 2008, he declared, “driving up our national debt from $5 trillion dollars to $9 trillion is irresponsible. It’s unpatriotic.” If it was irresponsible and unpatriotic at $9 trillion, what is it at $17 trillion?

Was he lying then or now?

Mr. President, boys and girls all across our great nation would no doubt share their lessons learned about the danger of debt. It’s our posterity you’ve made insecure when you doubled our national debt since taking office, which violates the preamble of our Constitution which speaks of securing “the blessings of liberty to ourselves and our posterity.” How can we secure our liberty when we’re hopelessly in debt to foreign nations? You said today that the cool thing about being President is you can “pick up the phone and call anyone in the world and they’ll answer.” Call Track and Payton. I’m sure your NSA and IRS have their numbers.

For more on the wisdom of children and their lemonade stands, see this video: http://youtu.be/7tu2ejcFWtg

– Sarah Palin

Share · 4 hours ago

3 Responses to “Gov. Palin: Was Obama lying then or now about debt limit?”

  1. John R. Lancellotti said

    It is about time that people with access to a mass audience start to SHOUT that President Obama is a man WITHOUT INTEGRITY. He is an inveterate liar. He uses his bully pulpit to influence low information Americans. And he has no qualms about playing politics with sensitive issues. The man does not LOVE America. As his father did, he believes this country is a colonial power. But in my opinion, what’s more important is that this man is under someone else’s influence. And for the life of me,
    I can’t understand who plays Gepetto to his Pinnochio. Who pulls his strings? Is it George Soro?. That’s a big money man. Or is it people like the late radical Saul Alinsky, or Bill Ayers, one of those revolutionaries left over from the Students For A Democratic Society of the 1960s? As a waiter, newly immigrated from China, said to me once, “He is puppet.” And a man who lived under the Chinese Communists, he knew a puppet when he saw one. Best always, John R.

  2. This is not about economics. Obama is doing his best to break the country and the GOP at the expense of all of us. This POTUS is adamant about changing what the USA is all about. Our framers would spin in their grave to know what he is doing for the sacrifices they all made so we could live freely. Obamanation is ruining this country.

  3. skosper said

    The Book of Proverbs, Chapter 6:6-11 & Proverbs, Chapter 13:4 states that the sluggard shall incur poverty and cause self destruction. More than ever, we as a nation must take heed of these words of wisdom and turn from the mentality of big government taking care of us. May God not give us what we deserve; may He grant each of us the wisdom and determination to invoke a return to fiscal responsibleness.

    Sent from my iPad

    >

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